Bitcoin And The Dark Side Of The Biden Executive Order

Bitcoin And The Dark Side Of The Biden Executive Order

While the executive order didn’t directly challenge Bitcoin, the language of the order hints at future threats that may come.Let me give it to you straight. No one I spoke with from Washington or in the political space was expecting the Biden executive order (EO) to ban Bitcoin or proof-of-work mining. There was nearly zero expectation that President Joe Biden would take any specific action against the cryptocurrency space. From my perspective, it was pre-programmed for the EO to "order studies" and avoid any directives. I had been expecting this for weeks leading up to its release, along....


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